Champion Minerals (CHM-T) is trading higher on news that its 100%-owned Oil Can iron-ore deposit, six km north of its flagship Fire Lake North project in the southern end of the Labrador Trough, contains nearly one billion tonnes of…
High Desert Gold (HDG-V) said it would find new gold mineralization in undrilled areas below outcropping gold mineralization and now it has.
VANCOUVER — The Aluminum Corporation of China (Chalco) and Ivanhoe Mines (IVN-T, IVN-N) have agreed to wait a month before Chalco make its official offer to buy Ivanhoe’s stake in SouthGobi Resources (SGQ-T) as doubts remain as to…
VANCOUVER — A deal that could be viewed as the flagship transaction in natural resource mergers and acquisitions is facing heavy criticism from a group of activist investors, as prominent shareholders of mega-miner Xstrata PLC (XTA-L)…
Shares of Virginia Mines (VGQ-T) closed 12¢ or 1.3% higher at $9.13 apiece while Altius Minerals (ALS-T) climbed 9¢ or 0.9% to $10.73 on news the two companies had struck a strategic alliance to cooperate on exploration for base and…
Despite an unfavorable court ruling, Barrick Gold (ABX-T, ABX-N) is confident that its Pascua Lama project will push ahead.
Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s Chubut province becomes law, its Navidad silver project will become uneconomic.
VANCOUVER — The S&P TSX Venture Composite Index declined for another week in the June 25-29 period, though losses were limited to 15.04 points after a late rebound that had the index close at 1,190.99 points. Volume climbed by a few…
VANCOUVER — Barkerville Gold Mines’ (BGM-V) share price has climbed more than 50% since the company put out a 10.6-million-oz.-gold resource estimate for its Cow Mountain deposit, but questions remain as to the accuracy of the estimate….
VANCOUVER — U.S. equities jumped late in the week following news that European leaders had agreed to distribute rescue funding directly to troubled national banks, which marked a key victory for Spain and Italy where borrowing costs where…
The TSX Composite Index fell 223 points to 11,596.56 for the June 25-29 period as investors were skeptical that the latest European Union summit would agree upon concrete measures to tackle the region’s debt crisis.
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May 31/12). Largest Short Positions Security Ticker Total Short Change New Gold NGD 40853651 805488…
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